Nigeria Concludes Repayment Of $3.4 Billion IMF Loan Principal

The Federal Republic of Nigeria has officially completed the repayment of the principal sum of its $3.4 billion emergency loan obtained from the International Monetary Fund (IMF), with the final installment settled on April 30, 2025. The full loan, disbursed on April 30, 2020, under the IMF’s Rapid Financing Instrument, was designed to assist Nigeria … Continue reading Nigeria Concludes Repayment Of $3.4 Billion IMF Loan Principal